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Law Incorporation [45]
3 years ago
5

The second deposit that apex savings bank received was $12,700. If apex savings bank was required to keep $571.50 on reserve, wh

at was the reserve rate at the time? How much was it free to loan out?
Mathematics
1 answer:
vodomira [7]3 years ago
4 0


12700 \div 571.50 = 22.22
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